Glencore plc (LON:GLEN)
London flag London · Delayed Price · Currency is GBP · Price in GBX
543.00
+4.00 (0.74%)
Jul 31, 2026, 5:11 PM GMT

Glencore Stock Forecast

Stock Price Forecast

According to 20 analysts polled by S&P Global, Glencore stock has a consensus rating of "Buy" and an average price target of 621p. The average 1-year stock price forecast is 14.39% higher than the current stock price, while the lowest is 481p (-11.47%) and the highest is 763p (+40.55%).

Price Target: 621p (+14.39%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price481p621p621p763p
Change-11.47%+14.39%+14.40%+40.55%

Analyst Ratings

The average analyst rating for Glencore stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy991010911
Buy444444
Hold665565
Sell000000
Strong Sell000000
Total191919191920

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Berenberg Bank
No rating
Berenberg Bank
Buy
Reiterates
780p750p
BuyReiterates780p750p+38.12%Jul 30, 2026
UBS
UBS
Hold
Maintains
570p
HoldMaintains570p+4.97%Jul 30, 2026
Goldman Sachs
Goldman Sachs
Buy
Maintains
630p680p
BuyMaintains630p680p+25.23%Jul 30, 2026
J.P. Morgan
J.P. Morgan
Hold
Reiterates
520p510p
HoldReiterates520p510p-6.08%Jul 30, 2026
Barclays
Barclays
Buy
Maintains
635p
BuyMaintains635p+16.94%Jul 30, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
286.47B
from 247.54B
Increased by 15.73%
Revenue Next Year
276.81B
from 286.47B
Decreased by -3.37%
EPS This Year
0.59
from 0.20
Increased by 193.71%
EPS Next Year
0.60
from 0.59
Increased by 1.95%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
203.75B255.98B217.83B230.94B247.54B286.47B
Revenue Growth
43.15%25.64%-14.91%6.02%7.18%15.73%
Gross Profit
12.45B27.52B10.78B6.28B6.12B18.12B
Gross Margin
6.11%10.75%4.95%2.72%2.47%6.32%
Operating Income
9.80B24.83B7.39B3.33B3.35B13.28B
Net Income
4.97B17.32B4.28B-1.63B363.00M6.75B
EPS
----0.200.59
EPS Growth
-----33.33%193.71%
Forward PE
7.815.7011.8111.3017.9012.46
Dividend / Share
0.260.440.130.100.170.22
Dividend Growth
-69.23%-70.45%-23.08%70.00%26.85%
Free Cash Flow
6.35B7.40B6.33B5.66B5.96B6.16B
No. Analysts
-----19
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High334.8B
Avg286.5B
Low239.1B

Revenue Growth

Revenue Growth202620272028
High
35.2%
Avg
15.7%
Low
-3.4%

EPS Forecast

EPS202620272028
High0.72
Avg0.59
Low0.46

EPS Growth

EPS Growth202620272028
High
260.0%
Avg
193.7%
Low
130.0%